Fixed Deposits or Term Deposits are offered for your convenience and benefit.

With as little as $500.00 one can open a Term/Fixed Deposit Account.

Interest rates are guaranteed for a period of one year, in accordance with the following schedule:

NEW BUSINESS – FIRST TIME FIXED DEPOSITORS ONLY

Deposit Amount (1 year term)            Interest Rate

Below $5000                                                       2.0%
$5,000 – $29,999                                              2.5%
$30,000 – $49,999                                            3.0%
$50,000 – $99,999                                            3.5%
$100,000 – $999,999                                       4.5%
$1,000,000 and Over                                        4.75%

 

Platinum Fixed Deposit

Deposit Amount (2 year term)              Interest Rate

$500,000 and Over                                          5.25%

• Minimum investment period is 12 months.
• Term deposits could be arranged for an extended period; up to five (5 ) years.
• Fixed/Term Deposits can be used as collateral for loans.
• All quotations are in Eastern Caribbean Currency.

Mon Repos Credit Union- Certainly a Safe Place to Invest